Public Company News

Triangle Energy is set to get the ball rolling on a front end engineering design study on a proposed 5,000 barrel per day modular feed renewable fuel refinery in the mid-west of WA. The refinery is slated to use crude, condensate and bio-crude feedstocks to produce renewable diesel and renewable marine fuel blends.

Novo Resources looks set to commence phase two mechanical sorting trials on its Pilbara gold deposits. The company says its ore sorter will be installed adjacent to the Golden Eagle processing facility in Nullagine and it expects trials to commence early next month. Following testing, Novo will relocate the unit and has plans to commercialise some of its lower grade Pilbara conglomerate gold deposits courtesy of the ore sorter.

West Cobar Metals says maiden drilling at its Bulla Park copper and silver project on the western edges of the mineral-rich Cobar Basin in NSW has confirmed its geological model for stratabound copper mineralisation at its namesake prospect. The company says all four holes drilled so far have intercepted zones of disseminated copper mineralisation, with the rig now set to test other compelling targets at its tenure.

Latitude Consolidated has struck wide gold mineralisation at its Circle Valley project within the Albany-Fraser mobile belt that hosts the multi-million-ounce Tropicana gold deposit. Multi-element analysis from end of hole sampling has highlighted a suite of pathfinder elements that the company says bear a striking resemblance to the geochemistry that led to the discovery of the behemoth Tropicana deposit.

Venture Minerals could be gearing up for a cracking end of year after market darling and JV partner Chalice Mining revived a previously paused EM survey on its “Julimar lookalike” target at the duo’s South West nickel-copper-PGE project about 240 kilometres south of Perth. The survey will focus on Venture’s Thor target, a 20km long magnetic anomaly that has drawn comparisons with Chalice’s revered Julimar discovery.

Mining focused software-as-a-service provider, K2fly has extended a pre-existing contract for its ‘RCubed Resource & Reserves Solution’ platform with global mining giant, Glencore Canada by three years. The agreement is set to contribute A$443,000 in total contract value and A$130,00 in annual recurring revenue to K2fly’s coffers, with Glencore to use the product for its global zinc operations at 56 sites across seven countries.

Perth-based Comet Resources looks on track to carve itself a healthy-sized slice of the lucrative downstream graphite pie after inductively coupled plasma or “ICP” assay testing of its natural flake g

Aldoro Resources has planned a rock chip sampling program targeting high-interest lithium and rubidium pegmatites, following up some exciting previous rock chip samples at its Wyemandoo project approximately 80 kilometres southeast of Mount Magnet in WA. Previously reported grades included a rock chip grading a respectable 2.6 per cent lithium and 1.7 per cent rubidium.

Technology Metals Australia has delivered an impressive 32 per cent increase to its Yarrabubba vanadium pentoxide resource at its Murchison Technology Metals Project in WA, including a cracking 110 per cent lift in the indicated resource component. The company’s resource base at the project now clocks in at a whopping 146.2 million tonnes grading 0.8 per cent vanadium pentoxide.

ASX-listed Brightstar Resources continues to deliver stellar results with significant shallow gold intercepts in addition to unexpected nickel hits at its flagship Cork Tree Well prospect near Laverton in WA. The latest strikes include 12m going 4.25 g/t gold from 131m downhole and unexpected nickel sulphide hits including a 1m interval going 1.6 per cent nickel from 41m and 1.99 per cent nickel from 61m.

Si6 Metals has generated multiple high-priority drill targets from a geophysical AMT survey across the Dibete, Airstrip and Maibele North prospects at its Maibele base metals project in Botswana. Results delivered from the Dibete prospect pointed to numerous untested anomalies that lie along strike and underneath known mineralisation consistent with a “Messina Copper” style mineralisation.

CZR Resources has appointed experienced geologist Stefan Murphy as its new Managing Director. Murphy was most recently the CEO of Northern Territory iron ore developer Nathan River Resources.